Comprehensive Annual Financial Report - Cobb County

Cobb County, Georgia
Emergency 911 Special Revenue Fund
Schedule of Revenues, Expenditures and
Changes in Fund Balance - Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended September 30, 2007
Variance with
Final Budget -
Budgeted Amounts
Positive
Original Final Actual (Negative)
Revenues:
Charges for services $ 10,462,948 $ 10,462,948 $ 9,736,412 $ (726,536)
Interest earned 100,000 100,000 296,640 196,640
Miscellaneous - - 595 595
Total revenues $ 10,562,948 $ 10,562,948 $ 10,033,647 $ (529,301)
Expenditures:
Current:
Personnel services $ 6,487,569 $ 6,487,569 $ 5,644,484 $ 843,085
Operating expenditures 2,200,110 3,336,538 3,195,224 141,314
Capital outlay 9,625 23,167 19,739 3,428
Total expenditures $ 8,697,304 $ 9,847,274 $ 8,859,447 $ 987,827
Excess (deficiency) of revenues over
(under) expenditures $ 1,865,644 $ 715,674 $ 1,174,200 $ 458,526
Other financing sources (uses):
Transfers in $ 301,020 $ 301,020 $ 248,722 $ (52,298)
Transfers out (1,789,872) (1,814,387) (1,814,387) -
Total other financing sources (uses) $ (1,488,852) $ (1,513,367) $ (1,565,665) $ (52,298)
Net change in fund balance $ - $ (797,693) $ (391,465) $ 406,228
Fund balance at beginning of year 5,680,261
Fund balance at end of year - budgetary basis $ 5,288,796
Reconciliation to GAAP basis:
Elimination of encumbrances outstanding at
end of year 3,360
Fund balance at end of year - GAAP basis $ 5,292,156
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